Advanced Management Training

The Advanced Management Training System is a training system that helps you increase your understanding of the principles of accounting and financial management. For example, it will show you how decisions you make on cutting costs or changing the prices you charge will impact on your profit.

You do not need to be a qualified accountant to undertake this programme, but as a result of taking this 1-day training program, you will not only increase your understanding of these often, at times, confusing principles, but also will discover ways to run your businesses more effectively from a financial point of view.

At the same time, this program is designed to educate you in other ways that could help you run your businesses even more efficiently.

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A Brief Outline of the Workshop

• The purpose of a business and the 4 critical factors that determine the profitability of your business
• 5 key financial management tools:
  1. Cost behavior and activity-based costing
  2. Gross margin analysis
  3. Cost-volume-profit analysis
  4. Productivity analysis
  5. How to identify and monitor your key business activities
• Management and control of working capital, with particular emphasis on cash flow, inventory management, receivable management, and payable control
• How to finance the growth of a business by managing the relationship between profit and cash flow
• Putting it all together—how to project and monitor the financial performance of your business

The Expected Outcome of Running This Program

• You will have a better understanding of critically important financial management principles and methods of diagnostic analysis. You will therefore be able to exert tighter control over Your business and identify emerging problems more quickly.
• You will be able to work more effectively with Your financial advisers because You’ll have a better understanding of the language of finance.
• Most importantly, participants will learn about business-specific financial performance indices that You can use in the ongoing management and control of the business.

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